The management of Dangote Petroleum Refinery has announced a reduction in the ex-depot price of Premium Motor Spirit (PMS), popularly known as petrol, from ₦890 to N825 per litre, effective from 27th February 2025. The slash in price by ₦65.00 was announced in a statement on Wednesday by the refinery. According to the statement, buyers…
…Towed 10 illegally parked tankers near Dangote Refinery…Cleared another 120 vehicles indiscriminately parked around Ebute-Ero bridges The Lagos State Traffic Management Authority (LASTMA), in a decisive enforcement operation over the weekend, dislodged all illegally parked tankers around the Dangote Refinery and across the Lekki Free Trade Zone. This action followed repeated warnings issued by the…
Justice Inyang Ekwo of the Federal High Court Abuja has adjourned a suit filed by Dangote Petroleum Refinery and Petrochemicals FZE over a bid to stop issuance of oil import licenses to some oil marketing companies, to January 30th for hearing. The matter, which was scheduled for hearing, not proceed due to the delay by…
The Dangote refinery has exported Premium Motor Spirit (petrol) to Cameroon, Angola, Ghana, and South Africa in the past few weeks. The Vice President of Oil and Gas, Dangote Industries Limited, Devakumar Edwin, disclosed this while playing host to a delegation from the Japanese Business Community in Nigeria, led by Japan’s Ambassador-designate to Nigeria, Suzuki…
The Independent Petroleum Marketers Association of Nigeria has begun lifting Premium Motor Spirit (petrol) from the Dangote Petroleum Refinery. This follows an agreement reached with the refinery last month by IPMAN. Our correspondent learned that IPMAN members have so far lifted millions of litres of petrol from the Dangote refinery located in the Lekki free…
The Dangote Petroleum Refinery says it has reduced the price of its Premium Motor Spirit from N990 per litre to N970/litre. This is the amount marketers would buy the product from the refinery. In a statement released on Sunday, the Group Chief Branding and Communications Officer of the Dangote Group, Anthony Chiejina, said the reduction…
The Independent Petroleum Marketers Association of Nigeria (IPMAN) has secured an agreement with Dangote Refinery to lift products directly. IPMAN National President, Abubakar Garima who announced this after a meeting of the National Working Committee of the Association said the partnership will ensure a steady, and affordable supply of PMS products nationwide. Girima said PMS, AGO,…
Billionaire business mogul, Femi Otedola, has explained why Nigerians, particularly the government should support the Chairman of Dangote Group, Aliko Dangote, by creating an enabling environment to ensure businesses thrive. He argued that Dangote’s contributions which extend beyond industrial facilities to critical infrastructure, must be recognised and supported by all means. Otedola, who rose in…
Dangote stated his confidence following members of the House of Representatives’ insistence on testing alternative diesel products alongside Dangote’s diesel at its cutting-edge laboratory during a visit on Saturday, according to a statement released by the company’s media team on Sunday. The Speaker of the House of Representatives, Rt Hon. Tajudeen Abbas, and other members…
